BROOMFIELD, Colo., June 23 /PRNewswire-FirstCall/ --
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Report
Highlights
- Ball invested more than $36 million in energy
savings projects since 2007.
- The company reduced total energy use by 11 percent
and improved energy efficiency per 1000 units produced by 9 percent
since 2007.
- Ball's normalized greenhouse gas emissions have
declined 13 percent since 2005.
- Ball's absolute
water usage declined by 8.6 percent and water efficiency improved
by 5.5 percent since 2007.
- The company improved its recordable accident rate by
39 percent since 2007.
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Ball Corporation (NYSE: BLL) identified five sustainability
priorities and described the company's sustainability vision and
long-term direction in its second sustainability report, released
today and available at www.ball.com/sustainability.
"Sustainability is connected directly to creating value for our
stakeholders and for Ball," said R. David
Hoover, Ball's chairman and chief executive officer. "Our
second sustainability report and expanded online sustainability
reporting provide details on the progress we have made over the
past two years, and on our focus going forward as we continue to
drive our economic, social and environmental performance."
Ball initiated a sustainability materiality analysis with key
stakeholders in 2009 to help determine the company's sustainability
priorities and ensure they were aligned with the wider supply chain
for its products. A sustainability materiality analysis asks
stakeholders to rank a variety of issues in order of importance to
the stakeholder. After incorporating the feedback, Ball determined
these five priorities and long-term directions:
- Packaging: We will develop the lightest weight, most
recycled, consumer-preferred packaging for the markets in which we
compete.
- Energy: We will significantly and cost-effectively
reduce our energy consumption.
- Water & Waste: We will reduce our water usage and
send zero waste to landfills.
- Safety: We will have zero accidents in our
facilities.
- Talent Management: We will recruit, develop and retain
talented, diverse employees who share our core values and reflect
our communities.
Ball's comprehensive 2010 sustainability reporting and the
company's responses to the Global Reporting Initiative (GRI)
reporting framework are available online at
www.ball.com/sustainability. Ball issued its first sustainability
report in 2008, which was selected as co-winner of the Best
First-Time Reporter Award by Ceres and the Association of Chartered
Certified Accountants (ACCA). Since then, Ball has been selected
for the FTSE4Good Index Series on the London Stock Exchange and the
Corporate Responsibility Officer (CSO) annual 100 Best Corporate
Citizens List.
Ball Corporation is a supplier of high-quality packaging for
beverage, food and household products customers, and of aerospace
and other technologies and services, primarily for the U.S.
government. Ball Corporation and its subsidiaries employ more than
14,000 people worldwide and reported 2009 sales of more than
$7.3 billion. For the latest Ball
news and for other company information, please visit
www.ball.com.
Forward-Looking Statements
This release contains "forward-looking" statements concerning
future events and financial performance. Words such as "expects,"
"anticipates," "estimates" and similar expressions are intended to
identify forward-looking statements. Such statements are subject to
risks and uncertainties which could cause actual results to differ
materially from those expressed or implied. The company undertakes
no obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise. Key risks and uncertainties are summarized in filings
with the Securities and Exchange Commission, including Exhibit 99.2
in our Form 10-K, which are available at our Web site and at
www.sec.gov. Factors that might affect our packaging segments
include fluctuation in product demand and preferences; availability
and cost of raw materials; competitive packaging availability,
pricing and substitution; changes in climate and weather; crop
yields; competitive activity; failure to achieve anticipated
productivity improvements or production cost reductions; mandatory
deposit or other restrictive packaging laws; changes in major
customer or supplier contracts or loss of a major customer or
supplier; and changes in foreign exchange rates or tax rates.
Factors that might affect our aerospace segment include: funding,
authorization, availability and returns of government and
commercial contracts; and delays, extensions and technical
uncertainties affecting segment contracts. Factors that might
affect the company as a whole include those listed plus: accounting
changes; changes in senior management; the current global recession
and its effects on liquidity, credit risk, asset values and the
economy; successful or unsuccessful acquisitions, joint ventures or
divestitures; integration of recently acquired businesses;
regulatory action or laws including tax, environmental, health and
workplace safety, including in respect of climate change, or
chemicals or substances used in raw materials or in the
manufacturing process; governmental investigations; technological
developments and innovations; goodwill impairment; antitrust,
patent and other litigation; strikes; labor cost changes; rates of
return projected and earned on assets of the company's defined
benefit retirement plans; pension changes; reduced cash flow;
interest rates affecting our debt; and changes to unaudited results
due to statutory audits or other effects.
SOURCE Ball Corporation